Growing with capital markets
/According to Andy Volz, COO of Clear Street, current market conditions make decisive moves like its acquisition of React—as well as other expansionary initiatives—particularly strategic.
Read MoreAccording to Andy Volz, COO of Clear Street, current market conditions make decisive moves like its acquisition of React—as well as other expansionary initiatives—particularly strategic.
Read MoreAccording to Brad Levy, CEO of Symphony, current technological conditions are what allow solutions like Symphony’s to succeed.
Read MoreBlending tech, branding, and compliance, fintechs successfully scaling in this space solve for three variables.
Read MoreFintechs and other tech players have helped drive changes to capital markets, leading to major transformations across three key variables.
Read MoreAccording to Jessica Zall, Chief Marketing Officer at Percent, the startup is unique from other private-credit and fundraising platforms by bringing all three market participants together—underwriters, borrowers, and investors—and not just a subset thereof.
Read MoreTo Danielle Weinblatt, Taulia’s Chief Product Officer, the company’s products—both current and upcoming—help address acute macroeconomic needs and help build a more inclusive economy.
Read MoreAs a software solution connecting municipal bond issuers with investors, BondLink faces unique sales challenges, especially given its role in building both the supply and demand sides of a market.
Read MoreIn an interview with The Financial Revolutionist, Nelson Chu describes Percent’s dual-pronged approach and outlines a promising future for private credit in a downturn.
Read MoreAccording to the Wall Street Journal, Elliott Management, a $50B hedge fund, is considering an activist-investor takeover of PayPal. PayPal’s valuation has slid from $350B to $89B over the past year.
Read MoreCryptocurrency hedge fund Three Arrows Capital (3AC) has failed to make payment on a loan issued by crypto broker Voyager Digital. This marks the largest institutional crash of the current “crypto winter.”
Read MoreIn an interview with The Financial Revolutionist, Gary Paulin, Head of Global Strategic Solutions at Northern Trust, argues that the future of the front office rhymes with the cloud-computing landscape. He envisions an ecosystem of partnerships built around a client’s value chains, which, he asserts, would offer all firms the opportunity to compete with the fund manager giants.
Read MoreJonathan Lofthouse, Head of Markets and Enterprise Risk Technology, said Citigroup plans to hire more than 4,000 tech workers to help digitize services for institutional clients.
Read MoreIn an interview with The Financial Revolutionist, and a week after Clear Street’s $165M Series B announcement—making the company a unicorn—Bailey details the market gap Clear Street tackles, explains why capital markets have been slow to modernize, and outlines how new technology can level the playing field between large and small players.
Read MoreA draft majority opinion leaked by Politico suggests the Supreme Court will overturn reproductive rights as they are enshrined in Roe v. Wade. “Roe was egregiously wrong from the start,” Supreme Court Justice Alito writes.
Read MoreProposals at annual shareholder meetings for Citigroup, Bank of America, and Wells Fargo would have pushed management to curb lending for projects in oil and gas. The proposals received between 11% and 12.8% votes in favor.
Read MoreThe Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.